Triple Flag Precious Metals (TFPM) - 2025 Q3 - Earnings Call Presentation

Financial Performance - Triple Flag achieved strong financial results in Q3 2025, including 27,037 GEOs[14, 16] - Record adjusted EBITDA of $79 million was achieved[14] - Record operating cash flow of $81 million was achieved[14] - Adjusted EPS increased by 71%[17] - Adjusted EBITDA increased by 27%[17] - Operating Cash Flow per Share increased 26%[17] - Asset margin was 93%[16] Acquisitions and Production - Acquired a 0.8-1.5% NSR royalty package on the Minera Florida mine for $23 million[14] - Over $350 million capital deployed YTD 2025, including a 1.0% NSR royalty on Arthur[14] - Several assets reached first production in H2 2025, including Tres Quebradas (lithium), Johnson Camp Mine (copper cathode), and Sleeping Giant (gold)[14] Portfolio and Strategy - 73% of Q3 2025 revenue was from gold and 27% from silver[20] - 88% of Q3 2025 revenue was from Australia and the Americas[20] - The company expects 2025 GEOs to be between the midpoint and high end of the guidance range of 105,000-115,000 GEOs[14]